Aptus Capital Advisors LLC Acquires Shares of 1,545 ProShares S&P 500 High Income ETF (NYSEARCA:ISPY)

Aptus Capital Advisors LLC bought a new stake in shares of ProShares S&P 500 High Income ETF (NYSEARCA:ISPY) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 1,545 shares of the company’s stock, valued at approximately $68,000.

Several other institutional investors and hedge funds have also modified their holdings of the stock. Coldstream Capital Management Inc. acquired a new stake in ProShares S&P 500 High Income ETF during the fourth quarter valued at $203,000. Integrated Wealth Concepts LLC raised its stake in shares of ProShares S&P 500 High Income ETF by 282.0% during the 4th quarter. Integrated Wealth Concepts LLC now owns 28,552 shares of the company’s stock worth $1,265,000 after purchasing an additional 21,077 shares in the last quarter. BOS Asset Management LLC bought a new stake in shares of ProShares S&P 500 High Income ETF in the 4th quarter valued at approximately $486,000. NewEdge Advisors LLC grew its stake in shares of ProShares S&P 500 High Income ETF by 17.2% in the 4th quarter. NewEdge Advisors LLC now owns 12,501 shares of the company’s stock valued at $554,000 after buying an additional 1,833 shares in the last quarter. Finally, Maxwell Wealth Strategies Inc. raised its position in ProShares S&P 500 High Income ETF by 63.6% during the fourth quarter. Maxwell Wealth Strategies Inc. now owns 39,154 shares of the company’s stock valued at $1,734,000 after acquiring an additional 15,225 shares in the last quarter.

ProShares S&P 500 High Income ETF Stock Down 0.3 %

ISPY stock opened at $39.43 on Friday. The firm has a 50 day moving average of $40.31 and a two-hundred day moving average of $43.43. ProShares S&P 500 High Income ETF has a 12 month low of $35.81 and a 12 month high of $46.83. The company has a market capitalization of $759.42 million, a price-to-earnings ratio of 23.01 and a beta of 0.87.

ProShares S&P 500 High Income ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, March 7th. Shareholders of record on Monday, March 3rd were given a dividend of $0.1783 per share. The ex-dividend date was Monday, March 3rd.

About ProShares S&P 500 High Income ETF

The ProShares S&P 500 High Income ETF (ISPY) is an exchange-traded fund that is based on the S&P 500 Daily Covered Call index. The fund tracks an index pursuing a daily covered call writing strategy on the stocks of the S&P 500 Index. The fund seeks generate a high level of income combined with the performance returns of the S&P 500 Index over the long term.